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The policy debate within the Federal Reserve is growing sharper. On one side is Fed Chairman Ben S. Bernanke, who is opposed to raising interest rates even though consumer prices have gone up 5 percent over the past year. ...more
July 30, 2008
Worried about rising inflation, Federal Reserve officials at their meeting in June thought the Fed's next move on interest rates was likely to be up. ...more
July 17, 2008
from food to electricity and gasoline - took a bigger piece of their paychecks. ...more
July 17, 2008
The Federal Reserve was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. ...more
June 28, 2008
The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private analysts said the Fed might delay the first rate increase until December. ...more
June 26, 2008
Straddling risky economic crosscurrents, the Federal Reserve is expected to stand still this week on interest rates. ...more
June 24, 2008
After last week's plunge, the dollar climbed against the euro in late New York trading as several government officials and President Bush voiced their support for a strong U.S. currency. ...more
June 10, 2008
Bottoms up! It's time to swallow a heavy dose of risk realism when considering the U.S. home market. ...more
May 6, 2008
The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting interest rates ever deeper in an effort to avert or at least soften the blow of a recession. ...more
January 31, 2008
Individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy. ...more
January 30, 2008
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